The dollar rate declined one piaster, standing at LE 16.1 for buying and LE 16.2 for selling, according to a statement by the National Bank of Egypt.
England can look forward to facing the world's top-ranked side Belgium in the next UEFA Nations League later this year, but for now manager Gareth Southgate's chief concerns surround the coronavirus outbreak and the fitness of forward duo Harry Kane and M
Ousmane Dembele will miss Euro 2020 after Barcelona announced on Tuesday the France international will be out for around six months following surgery on his right hamstring.
That rebound coincides with improved economic data and signals from major central banks that they are on pause for now.
Italy’s economy minister Roberto Gualtieri said on Saturday that privatization targets set by the previous Italian government were “unrealistic”
The Sentix research group said its investor sentiment index for the euro zone dropped to -13.7 in August from -5.8 in July, far below the -7.7 analysts had forecast.
Euro zone economic sentiment continued to worsen as expected in July on less optimistic industry, services, retail trade.
The European Commission lowered its estimates for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc.
By 1430 GMT, sterling was up 0.4 percent at $1.2712, bringing its gains in June to more than 3 percent.
Euro zone lending growth held steady in May while a broader money supply indicator.
The common currency traded at $1.1211 in Asian trade, near its highest levels in 1 1/2 weeks, and off a two-year low of $1.11055 touched on Thursday.
Inflation in the euro zone is not at the level the European Central Bank wants it to be.
Euro zone industrial production fell in March for a second straight month as output declined in France and Italy but recovered in the bloc’s largest economy.
Activity in Germany’s manufacturing sector shrank for a fourth straight month in April, while a similar survey from France also painted a bleak picture.
The Australian dollar was the surprise loser after Australia’s central bank left the door ajar for a possible cut in interest rates.
The euro has remained in a range of $1.12-$1.16 in 2019 despite a slowdown in the euro zone economy that has prompted new stimulus from the European Central Bank.
For currency markets, that meant a rebound in the Aussie, long seen as a proxy for China given Australia’s export industries, and China’s yuan.
The euro was also a beneficiary from the weaker dollar, adding 0.2 percent to $1.1347.
In offshore markets, the yuan rose 0.4 percent to as strong as 6.7195, its best level since Feb. 1.
“If anything we would be running with it. You have a background of quite decent growth and a Fed that is putting rates on hold.”